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Education Minister wants to make universities more accountable for how they spend their money after it was revealed billions of dollars a year are redirected from teaching to research. A report by the Grattan Institute found that universities report the $26 billion they spend each year in an "opaque" way, concluding: "Australia needs a more transparent system for reporting how universities spend their money."

The boss of the Education Institute at the Royal Children’s Hospital has quit in the wake of evidence given during an anti-corruption inquiry. The RCH told the Herald Sun that it appeared to have been caught up in what is alleged to have been misuse of public funds distributed to various organisations via a network of “banker schools”.

A high-ranking Victorian education department official accused of running a corrupt scheme to siphon off money from school funding has been sacked. Former education department financial management general manager is the first scalp to be claimed by the Independent Broad-based Anti-Corruption (IBAC) hearings.

The video explains how Public Expenditure Tracking Surveys (PETS) are conducted and highlights a few challenges in their implementation. A PETS aims to track the use of public money, from its disbursement to its utilization. The video takes the example of the public education budget to illustrate PETS.

A recent study by the anti-corruption watchdog Transparency International's Bangladesh chapter looking into private universities' alleged "monetary irregularities" has triggered a heated public debate, with education authorities disputing the claims.

In a case that has rocked the academic community in Taiwan and put many scientific research projects in jeopardy, 22 professors at some of the country's top universities – including the prestigious National Taiwan University – have been charged with using false receipts to claim reimbursements out of research funds.